(NJR) NewJersey Resources - Ratings and Ratios

Naval Ravikant, a renowned investor and entrepreneur, would present the analysis of New Jersey Resources Corporation (NJR) with clarity and focus on key investment metrics. Heres how he might structure it:

NJR operates as a holding company in the energy sector, strategically diversified across four main segments, each contributing to its value proposition. The Natural Gas Distribution segment serves over 576,000 customers, providing regulated utility services across six New Jersey counties. This segments stability is a cornerstone for investors seeking steady returns.

The Clean Energy Ventures segment represents NJRs foray into growth areas, investing in solar projects across six states. This diversification not only aligns with renewable energy trends but also positions NJR for long-term growth in a transitioning energy landscape.

The Energy Services segment offers a mix of wholesale and retail energy solutions, leveraging natural gas infrastructure in both the U.S. and Canada. This segments operational efficiency and market reach enhance NJRs competitive edge.

The Storage and Transportation segment underscores NJRs infrastructure strength, complemented by additional services in HVAC, plumbing, and solar installations, adding layers of revenue streams and customer touchpoints.

Financially, NJRs market cap stands at $4.7 billion, with a P/E ratio of 14.14, slightly below its forward P/E of 15.15, indicating moderate valuation. The P/B ratio of 2.04 suggests assets are reasonably priced relative to book value, while the P/S ratio of 2.72 reflects a premium for its diversified operations.

Incorporated in 1981 and headquartered in Wall, New Jersey, NJR balances regulated stability with unregulated growth opportunities, appealing to investors seeking both reliability and growth potential.